Thursday, 24 June 2010

So it is only right that their paltry salaries should be boosted to enable them to put bread on the table for their starving families.

With total annual bonuses for the six top directors amounting to a piffling £1.34 million, it is surely only right that they should also receive management incentive bonuses adding up to £906,000, making a total of more than £2.4 million.

After all - just how many Iainlands can you buy for such a derisory amount?

UPDATE: This from Steve Strong...

It's Network Rail's remuneration committee that you should be having a go at!

They set these outrageous amounts.

And of course the NR Board could always turn the bonuses down. But don't hold your breath.

UPDATE: This from Philip Hammond via the BBC..."Network Rail is of course a private company," said Mr Hammond. "But one that is dependant on taxpayer funding.""In the week when everyone has been asked to share the burden of reducing Britain's deficit, people will rightly be asking how Network Rail's top executives feel this is appropriate."